diff --git a/CMakeLists.txt b/CMakeLists.txt
index 40477aee..e31eff85 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -2,7 +2,7 @@ cmake_minimum_required(VERSION 3.3)
 
 set(VINEYARD_MAJOR_VERSION 0)
 set(VINEYARD_MINOR_VERSION 16)
-set(VINEYARD_PATCH_VERSION 2)
+set(VINEYARD_PATCH_VERSION 3)
 set(VINEYARD_VERSION ${VINEYARD_MAJOR_VERSION}.${VINEYARD_MINOR_VERSION}.${VINEYARD_PATCH_VERSION})
 
 message(STATUS "Configuring and building vineyard version '${VINEYARD_VERSION}'.")
diff --git a/charts/vineyard-operator/Chart.yaml b/charts/vineyard-operator/Chart.yaml
index b72782ba..44fbac7e 100644
--- a/charts/vineyard-operator/Chart.yaml
+++ b/charts/vineyard-operator/Chart.yaml
@@ -24,12 +24,12 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 0.16.2
+version: 0.16.3
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
-appVersion: 0.16.2
+appVersion: 0.16.3
 
 dependencies:
   - name: cert-manager
diff --git a/k8s/cmd/main.go b/k8s/cmd/main.go
index 18ea2130..f291d034 100644
--- a/k8s/cmd/main.go
+++ b/k8s/cmd/main.go
@@ -47,7 +47,7 @@ var cmdLong = util.LongDesc(`
 
 var cmd = &cobra.Command{
 	Use:     "vineyardctl [command]",
-	Version: "v0.16.2",
+	Version: "v0.16.3",
 	Short:   "vineyardctl is the command-line tool for interact with the Vineyard Operator.",
 	Long:    cmdLong,
 }
diff --git a/setup.cfg b/setup.cfg
index c29daea1..8c2f3d2a 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [metadata]
-version = 0.16.2
+version = 0.16.3
 
 [pycodestyle]
 max_line_length = 88
diff --git a/src/common/util/config.h b/src/common/util/config.h
index 3308665a..f2e721b1 100644
--- a/src/common/util/config.h
+++ b/src/common/util/config.h
@@ -18,11 +18,11 @@ limitations under the License.
 
 #define VINEYARD_VERSION_MAJOR 0
 #define VINEYARD_VERSION_MINOR 16
-#define VINEYARD_VERSION_PATCH 2
+#define VINEYARD_VERSION_PATCH 3
 
 #define VINEYARD_VERSION                                              \
   ((VINEYARD_VERSION_MAJOR * 1000) + VINEYARD_VERSION_MINOR) * 1000 + \
       VINEYARD_VERSION_PATCH
-#define VINEYARD_VERSION_STRING "0.16.2"
+#define VINEYARD_VERSION_STRING "0.16.3"
 
 #endif  // SRC_COMMON_UTIL_CONFIG_H_